20 Pa. C.S. § 7740.5

Current through P.A. Acts 2023-66

Section 7740.5 - Reformation to correct mistakes - UTC 415

The court may reform a trust instrument, even if unambiguous, to conform to the settlor's probable intention if it is proved by clear and convincing evidence that the settlor's intent as expressed in the trust instrument was affected by a mistake of fact or law, whether in expression or inducement. The court may provide that the modification have retroactive effect.

20 Pa.C.S. § 7740.5

2006, July 7, P.L. 625, No. 98, §9, effective in 120 days [ 11/6/2006].